$399,900

For sale

#1504 50 Town Centre Court, Toronto (Bendale) - Single Family for Sale

#1504 50 Town Centre Court, Toronto (Bendale), Ontario, M1P0A9

2 beds1 bath1 parking550 ft²$516/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,900, it is attractively priced about 18% below the $488,000 median asking price in Toronto. It has been on the market 27 days, fresher than the Toronto average of 68 days.

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Description

Introducing Suite 1504 at 50 Town Centre Court - a beautifully maintained modern 1-bedroom + den offering parking, locker, and an exceptional urban lifestyle in the heart of Scarborough Town Centre. This inviting suite features a bright, open layout with a seamless living and dining space, floor-to-ceiling windows, and a walk-out to a private balcony showcasing wide south-west city views and warm natural light throughout the day. The kitchen is finished with granite countertops and full-sized stainless steel appliances, providing both style and functionality. The den serves as a flexible bonus space - ideal for a dedicated home office or a comfortable guest area. One parking space and one locker are included for everyday convenience. Residents enjoy a full suite of amenities, including a 24-hour concierge, fitness centre, party room, visitor parking, and a dedicated movie room for relaxing or entertaining. This unbeatable location places you steps from Scarborough Town Centre, TTC transit, shops, dining, parks, and just minutes from Hwy 401, 404, and the DVP. A fantastic opportunity for first-time buyers, investors, or professionals seeking a move-in-ready home in a vibrant, well-connected community. **Some Photos are original some are virtually staged to help visualize the potential** (id:66096)

Property Details

MLS®: E13876296
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $516/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,998/yr
Listed: 27 days ago

Rooms

Flat

Kitchen: 4.33 x 4.12 meters
Dining room: 4.33 x 4.12 meters
Living room: 4.33 x 4.12 meters
Den: 3.24 x 2.08 meters
Bedroom: 3.12 x 2.91 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Bendale) listings, avg age

68d

Price / ft²

$728

List price

$400K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Bendale) has been listed for 27 days, which is 41 days fresher than the city average of 68. Act while there is still low competition.

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Listed by LPT Realty · Patricia Begley

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1P)

This home lists at $399,900, about 5.3× the local median household income of $76,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.

Median household income: $76,000
Population: 45,170
Median age: 39.6
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1P)

$399,900· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$167/mo

Condo fee$516/mo

Total monthly$2,789

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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